Wynn out, Maddox in

Screenshot 2018-02-07 at 07.11.27Matthew Maddox, one of the longest-serving executives at Wynn Resorts Ltd., has replaced Steve Wynn as chief executive officer, capping a career rise from small-town Arkansas to leader of a $17 billion global gaming giant.

Maddox, 42, joined Wynn Resorts in 2002, when Steve Wynn began rebuilding his casino empire from scratch. Maddox rose through the company’s ranks, working in Macau, then as chief financial officer and finally as president since November 2013.

He was named CEO by the company’s board late Tuesday according to the Las Vegas Review-Journal, after Wynn resigned amid sexual harassment allegations that threatened the company’s gaming licenses in the United States and Macau.

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